Category: Development News

Baranof Holdings Purchased an Industrial Land Site for $28 Million to Pave Way for a New Self-Storage Facility in Hollywood, CA

The largest land sale in Hollywood for the first quarter goes to Baranof Holdings, which acquired a 1.29-acre industrial land site for $28 million. Dallas-based Baranof Holdings, a developer and asset manager of self-storage facilities, has purchased a 1.29-acre industrial land site in Hollywood for $28 million in order to pave the way for a new Los Angeles self-storage facility. The transaction marks the largest land sale in Hollywood during the first quarter of the year. Baranof Holdings acquired the site at 956 Seward St., which previously operated as a…

Inland, Devon Completes Self-Storage Redevelopment Project in Springfield, MA

Inland Private Capital Corp. and Devon Self Storage, which are both part of The Inland Real Estate Group of Cos., have completed a 601-unit self-storage redevelopment project in the western Massachusetts city of Springfield. The project converted a historic former factory building in the downtown area into a facility with three interconnected buildings totaling 59,837 net rentable square feet of climate-controlled space. The facility also features drive-thru unit capability and a 24-hour security system. Source

SurePoint to Develop Self-Storage Facility in Humble, TX

SurePoint Development, a self-storage owner-operator based in San Antonio, will develop a 687-unit self-storage facility in Humble, a northeastern suburb of Houston. The site is located at the intersection of Sam Houston Tollway and Mesa Drive at the entrance to Johnson Development’s Fall Creek master-planned community. CubeSmart will operate the new facility, which will comprise 120,000 net rentable square feet of climate- and non-climate-controlled space. The facility will also feature boat/RV storage space and 10,000 square feet of mini-offices. Construction is set to begin before the end of the year.…

StorageMax Announces Grand Opening of Climate-Controlled Storage Facility at Flora, MS

The Flora expansion includes 391 new climate-controlled units, bringing the facility’s total capacity to 896 units. StorageMax is proud to announce the grand opening of its climate-controlled expansion at StorageMax Flora, further enhancing its ability to provide secure and convenient storage solutions to the Flora community and beyond. The expansion includes 391 new climate-controlled units, bringing the facility’s total capacity to 896 units. Located at 698 U.S. 49 Flora, MS 39071, StorageMax acquired the existing 505 traditional drive-up units in December 2022. The newly added climate-controlled units were constructed on…

ABC Mini Storage Expands Modern, Secure Storage Solutions to Auburn, Benroy, and Lakeland Hills, WA

ABC Mini Storage, a leading provider of secure self-storage solutions in Pacific, WA, is excited to announce the expansion of its offerings to better serve the neighboring communities of Auburn, Benroy, and Lakeland Hills. As demand for convenient, flexible storage continues to rise, ABC Mini Storage is responding by delivering state-of-the-art features — from heated storage units and contactless entry via a phone app to boat and RV parking — all designed to meet the diverse needs of area residents and businesses. This expansion comes at a time when more…

A New Self-Storage Facility is Being Built in North Peoria, AZ

Location: Northwest corner of Cibola Vista Drive and Lake Pleasant Parkway in north Peoria. Description: The Cibola Vista Self Storage project will be a three-story building, comprising two floors above ground and one basement level. It will have 693 storage units and a 470-square-foot office space. The facility will have office hours from 9:30 a.m. to 6 p.m., Monday through Friday, and 9:30 a.m. to 5 p.m. on weekends. Those renting a unit will have daily move-in and access hours from 6 a.m. to 9 p.m. There will be 17…

Safeguard Self Storage Expands into Connecticut with a State-Of-The-Art Facility in Stamford, CT

100% Climate-Controlled Facility Features 97,000 Rentable Square Feet with 1,215 Units Safeguard Self Storage, a leader in providing convenient and secure self-storage solutions is pleased to announce the opening of its newest facility in Stamford, Connecticut. Located in the heart of Stamford, the facility offers both residential and commercial customers an array of storage options with cutting-edge security features and customer-focused amenities. Conveniently situated at 535 Hope Street, Stamford, CT 06906, the new Safeguard Self Storage facility is designed to meet the growing demand for secure, reliable storage in the…

Carolina Storage announces its New Storage Facility in Fayetteville, NC

Carolina Storage, a self-storage brand serving Fayetteville, is preparing to open its third location in the area. In addition to the Raeford and Spring Lake locations, Carolina Storage is excited to announce that a new location will be opening on Ramsey Street, bringing the same great service and unbeatable value to even more customers in the area. The new space is 120,000 square feet and is located at 6765 Ramsey St. Fayetteville, NC. The projected opening for the new location is the third quarter of 2025. “We understand that moving…

Self Storage Plus Expands With 16 New Locations in Maryland and West Virginia

Self Storage Plus is pleased to announce the addition of 16 Valley Storage locations to its management platform, further expanding its presence in Maryland and West Virginia. With nine new locations in Maryland and seven in West Virginia, this expansion reinforces Self Storage Plus’ position as a leading provider of storage solutions in the Mid-Atlantic region. “We are thrilled to welcome these Valley Storage locations onto the Self Storage Plus platform,” said Noah Mehrkam, CEO of Self Storage Plus. “Their dedication to providing exceptional storage aligns perfectly with our core…

Farm Stand Could be Demolished, Replaced with Self-Storage Facility in Bridgewater, NJ

A local farm stand and the long-vacant Tectonic building are being proposed to be demolished to make way for a three-story self-storage facility in Bridgewater. An application filed by Bridgewater Storage LLC will be heard at the March 25 Bridgewater Zoning Board of Adjustment meeting. The applicant is proposing to consolidate the properties at 351 Route 28 (occupied by Melick’sTown Farm) and 322 Route 22(vacant office building previously occupied by Tectonic. The farmstand and Tectonic buildings would be demolished to construct a new 120,570 square-foot, three-story self-storage facility. The application…